3714 SE 12th DRIVE
About This Property
Located on the east side of Okeechobee, this charming 4-bedroom, 2-bathroom home offers easy commuting access and a quiet, family-friendly environment. Situated within walking distance of a local elementary school, it's perfect for families.
The home features a large, fenced-in backyard with a patio, ideal for outdoor gatherings and play. Inside, you'll find a contemporary open-concept living space, newly painted and tiled throughout. Additional amenities include a one-car garage for convenience and storage.
Enjoy comfort and convenience in this well-appointed Okeechobee home.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017